Make-Up Market Opportunities, Trends, Growth Analysis and Forecast to 2028

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Rising demand for make-up products among consumers, coupled with the growing personalization and premiumization trends, are stimulating growth in the global make-up sector. The global make-up sector was valued at $69.4 billion in 2024 and is expected to rise to $87.2 billion in 2029, reflecting a compound annual growth rate (CAGR) of 4.7%. Face make-up constituted the largest category by value, capturing a 36.5% market share in 2024, followed by eye make-up at 25.6%. Regionally, the Americas led the sector in 2024 with a 40.8% share, followed by Asia-Pacific, which held a 32.1% share.

Provides an overview of current make-up scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers regional overview across five regions – Asia-Pacific, Middle East and Africa, Americas, Western Europe, and Eastern Europe – highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the global make-up sector, analyzing data from 108 countries. It includes analysis on the following –

Global snapshot: Includes executive summary, current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The section also touches on the key growth enablers and inhibitors for the make-up sector.

Sector snapshot: The analysis provides a global overview, along with regional and category-level data and analysis. It also includes regional overview across five regions-Americas, Asia-Pacific, Eastern Europe, Middle East and Africa (MEA), and Western Europe-highlighting sector size and evolution, value and volume shares by category, and growth drivers for each region.

Consumer trends: Provides an overview of evolving consumer trends, supported by GlobalData’s in-house consumer surveys, and product examples.

Country deep-dive: Provides risk-reward analysis of the top high-potential countries in each region based on market assessment, economic development, governance indicators, sociodemographic factors, and technological infrastructure. Provides a deep-dive analysis of 10 high-potential countries covering value growth during 2024-29 and key trends. It also includes regional analysis covering the outlook for each region.

Competitive environment and brand shares: Provides an overview of the leading companies and brands at global and regional levels. Market shares of brands and private labels in each region are also detailed.

Distribution overview: Provides an analysis of the leading distribution channels in the global make-up sector in 2024. It covers modern retail, traditional retail, cash & carries & warehouse clubs, specialist retail, direct, and other distribution channels.

Packaging analysis*: The report provides percentage share (in 2024) and growth analysis (during 2024-29) for various pack materials, pack types, closures, and primary outer types based on volume sales of make-up.

Select industry metrics: The section provides topline statistics and analysis for different alternate datasets, such as patent filings, job analytics, and deals in the cosmetics and toiletries (C&T) industry in 2024.

Key Highlights

The growing consumer demad for make-up products in their daily grooming routines is pushing the growth of the sector. Rising focus on sef-care and the rising disposable income is enabling them to invest more on make-up products. Moreover, consumers are increasingly seek personlaized and premium make-up products. As a result, manufacturers are formulating personalized products with high-quality ingredients to capitalize on this trend. There is also a growing trend towards cross-cultural aspects in products among consumers. The rising J-beauty and K-beauty trends is forcing this shift towards cross-cultural rpoducts in make-up.

Reasons to Buy

Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region

The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances

The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion

To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates

L'Oréal
The Estée Lauder Companies
LVMH Moet Hennessy - Louis Vuitton
Coty
Natura &Co

Table of Contents

Global Snapshot

Executive Summary

Market Outlook

Enablers and Inhibitors

Sector Snapshot

Global Overview

Regional Overview

Consumer Trends

Country Deep Dive

Identifying High-Potential Countries by Region

Americas

United States of America

Canada

Regional Overview

Asia-Pacific

Hong Kong (China SAR)

Japan

Regional Overview

Eastern Europe

Poland

Czech Republic

Regional Overview

Middle East and Africa

Saudi Arabia

United Arab Emirates

Regional Overview

Western Europe

Germany

Netherlands

Regional Overview

Competitive Environment

Competitive Landscape – Sector Analysis

Competitive Landscape – Category Analysis

Distribution Overview

Packaging Analysis

Growth Analysis by Key Pack Material and Pack Type

Growth Analysis by Closure Type and Primary Outer Type

Select Industry Metrics

Global Patent Filings

Global Job Analytics

Global Deals

Appendix

Definitions

About GlobalData

Table

Key categories by value and volume, 2022-27 – Global

Key categories by value and volume, 2022-27 – Asia-Pacific

Key categories by value and volume, 2022-27 – Middle East and Africa

Key categories by value and volume, 2022-27 – The Americas

Key categories by value and volume, 2022-27 – Western Europe

Key categories by value and volume, 2022-27 – Eastern Europe

Canada: Category share

Canada: Consumption by gender

Canada: Consumption by age group

Canada: Consumption by education

Canada: Consumption by degree of urbanization

Canada: Volume share analysis of top 10 cities (%), 2017-22

Peru: Category share

Peru: Consumption by gender

Peru: Consumption by age group

Peru: Consumption by education

Peru: Consumption by degree of urbanization

Peru: Volume share analysis of top nine cities (%), 2017-22

UK: Category share

UK: Consumption by gender

UK: Consumption by age group

UK: Consumption by education

UK: Consumption by degree of urbanization

UK: Volume share analysis of top 10 cities (%), 2017-22

Spain: Category share

Spain: Consumption by gender

Spain: Consumption by age group

Spain: Consumption by education

Spain: Consumption by degree of urbanization

Spain: Volume share analysis of top 10 cities (%), 2017-22

Belgium: Category share

Belgium: Consumption by gender

Belgium: Consumption by age group

Belgium: Consumption by education

Belgium: Consumption by degree of urbanization

Belgium: Volume share analysis of top five cities (%), 2017-22

Poland: Category share

Poland: Consumption by gender

Poland: Consumption by age group

Poland: Consumption by education

Poland: Consumption by degree of urbanization

Poland: Volume share analysis of top 10 cities (%), 2017-22

Turkiye: Category share

Turkiye: Consumption by gender

Turkiye: Consumption by age group

Turkiye: Consumption by education

Turkiye: Consumption by degree of urbanization

Turkiye: Volume share analysis of top 10 cities (%), 2017-22

China: Category share

China: Consumption by gender

China: Consumption by age group

China: Consumption by education

China: Consumption by degree of urbanization

China: Volume share analysis of top 10 cities (%), 2017-22

Indonesia: Category share

Indonesia: Consumption by gender

Indonesia: Consumption by age group

Indonesia: Consumption by education

Indonesia: Consumption by degree of urbanization

Indonesia: Volume share analysis of top 10 cities (%), 2017-22

Saudi Arabia: Category share

Saudi Arabia: Consumption by gender

Saudi Arabia: Consumption by age group

Saudi Arabia: Consumption by education

Saudi Arabia: Consumption by degree of urbanization

Leading companies in the global make-up sector (% share by value), 2022

Key pack material volume share (%), 2022

Annual volume growth by pack material (%), 2017-27

Key pack type volume share (%), 2022

Annual volume growth by pack type (%), 2017-27

Key closure type volume share (%), 2022

Annual volume growth by closure type (%), 2017-27

Key primary outer type volume share (%), 2022

Annual volume growth by primary outer type (%), 2017-27

Global health & beauty industry patent filings, 2022

Health & beauty industry patent filings by leading companies, 2022

Total health & beauty industry patent filings for key markets, 2022

Total job postings in health & beauty industry by company, 2022

Job postings in health & beauty industry by theme, 2022

Deals in health & beauty industry by geography, 2022

Figures

Change in value consumption levels in the overall health & beauty industry, 2017-27

Change in consumption levels – Asia-Pacific, 2017-27

Change in consumption levels – Middle East and Africa, 2017-27

Change in consumption levels – The Americas, 2017-27

Change in consumption levels – Western Europe, 2017-27

Change in consumption levels – Eastern Europe, 2017-27

Identifying high-potential countries, risk-reward analysis – Asia-Pacific

Identifying high-potential countries, risk-reward analysis – Middle East and Africa

Identifying high-potential countries, risk-reward analysis – The Americas

Identifying high-potential countries, risk-reward analysis – Western Europe

Identifying high-potential countries, risk-reward analysis – Eastern Europe

Canada: Volume share analysis of top 10 cities by category (%), 2022

Peru: Volume share analysis of top nine cities by category (%), 2022

UK: Volume share analysis of top 10 cities by category (%), 2022

Spain: Volume share analysis of top 10 cities by category (%), 2022

Belgium: Volume share analysis of top four cities by category (%), 2022

Poland: Volume share analysis of top 10 cities by category (%), 2022

Turkiye: Volume share analysis of top 10 cities by category (%), 2022

China: Volume share analysis of top 10 cities by category (%), 2022

Indonesia: Volume share analysis of top 10 cities by category (%), 2022

Top five companies’ shares by brand (in value terms) in global make-up sector, 2022

Top five companies’ shares by brand (in value terms) in Asia-Pacific make-up sector, 2022

Top five companies’ shares by brand (in value terms) in Middle East and Africa make-up sector, 2022

Top five companies’ shares by brand (in value terms) in the Americas make-up sector, 2022

Top five companies’ shares by brand (in value terms) in Western Europe make-up sector, 2022

Top five companies’ shares by brand (in value terms) in Eastern Europe make-up sector, 2022

Key brands – face make-up, 2022

Key brands – eye make-up, 2022

Key brands – lip make-up, 2022

Key brands – nail make-up, 2022

Private label’s value and share by region, 2017-22

Private label’s value and share by category, 2022

Leading distribution channels by region (% share by value), 2022

Make-Up Market Opportunities, Trends, Growth Analysis and Forecast to 2028 standard reports
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